Pfleiderer closes German MDF plantNEUMARKT, GERMANY

-- Pfleiderer, a manufacturer of wood-based products, is finalizing its operational restructuring in Germany. The company will close its Hessen fiberboard facility, which manufactures medium-density and high-density fiberboard, on June 30.

The customer base and products will be taken on by its MDF/HDF factory in Baruth, Brandenburg.

Baruth specialized in the production of very thin HDF panels for laminate flooring manufacturers but it will now be set up for the production of black colored MDF, deep milled quality, and thick MDF panels.

Approximately 140 employees will be affected. Pfleiderer is currently in talks with employee and union representatives, and negotiations are also underway with several potential buyers for the facility. Also, an additional €4 million will be invested overall this year in the Baruth site, the company says.

“The very tough - but successful - restructuring in Germany has made a significant contribution towards bringing the Pfleiderer Group as a whole back on the path to success,” said Michael Wolff, CEO for the Pfleiderer Business Center Western Europe. “Demand for MDF in the market continues to be low, which shows that our decision to cut back on capacity in this area was strategically sound.”

Posted by Michaelle Bradford

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